How would you describe your company? What is your specialty?
Our specialty is advanced methods in hydrocarbon and ethanol closed loop extractions here in WA state. We produce terpene rich sugar waxes, dewaxed CHTRU’s and shatter, strain specific distillate cartridges and syringes, as well as unique cannabis products such as our WhiteWalker, which tests at 99.54 percent total cannabinoids. Oleum Extracts prides itself on producing and providing clean, pure and potent high-grade cannabis concentrates; rich in both THC, CBD and other imperative cannabinoid compounds.
What do you offer consumers/clients that others don’t?
We believe our past experience, knowledge and teamwork allow us to provide the very best in product quality and refinement in the world of cannabis concentrates today. We are constantly seeking new and better ways to accomplish our goals of providing the best cannabis concentrates to our retail partners and their consumers. Hard work, passion, persistence, integrity, service and accountability are attributes we hope are seen and felt in our company’s character.
With the changing landscape of MMJ and recreational cannabis, what do you see as the biggest challenges to your progress as a company? Any advantages?
Now that medical as we knew it has come to an end, there’s not much changing left to do on the medical side of things here in WA. Regarding recreational, our biggest challenge was the initial building out of our facility and financing the operation/staff through this process. Without our team being so committed and loyal to the vision and work, we wouldn’t have made it as a company.
The advantages that we see are the relationships we were able to retain with other business and clients through this process. Continuing to build and serve with these businesses has helped us considerably as a new company starting out in the recreational market.
Where do you see your company in five years?
Where we see ourselves in five years is standing as one of the largest and most influential legal cannabis processors here in WA state recreational cannabis. We hope to accomplish this by continuing to set a standard for hydrocarbon and ethanol extractions, processing, refinement, presentation and education, as well as teaming up with some of the best producers in the state to provide consistent, quality cannabis products to WA state retailers and their consumers.
What words of advice would you offer anyone seeking to enter the world of cannabis business?
Words of advice for someone seeking to become a retailer, producer or processor in WA state legal cannabis—we would say “It’s too late . . .” For any who are interested in working for existing retailers, producers and/or processors . . . we advise that you dedicate yourself to constant learning and commitment to your work. Think about what you love/enjoy doing, and find something that correlates with that in the industry. There is a lot of opportunity for individuals to come in and add value to teams and businesses at this time.
Any sneak peeks on new products or news you’d like to share?
We just released our WhiteWalker concentrate into the 502 marketplace, which was a big hit in medical community years ago testing at over 99 percent total cannabinoids. Currently, we are working on producing THCA and CBD in its crystalline form; something we hope to have available by the end of the year in quantity. We also have a pretty large name/brand in the cannabis industry that we will be working with very soon. We don’t want to spill the beans quite yet, but the partnership should be announced around the time of HEMPFEST in August.